
Cheap Apartments for Rent in the Downtown Morristown Neighborhood of Morristown, NJ from $1,905 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Morristown area of Morristown.


Morris-Elm Apartments

Elmwood Gardens

72 Western Ave

Blair House

Heritage House

The Regency on Elm

Hamilton Court Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Beverly Gardens

Olde Forge East Townhouses

183 South St

View Point Terrace

Franklin Manor Apartments

Morris-Hill Apartments

25 Atno Ave

Morris Crossing Townhouses
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

83 Chestnut St

Franklin Hill Apartments

The Monroe Morristown

The Carlton

81 Western Ave

Forty Five Market

320 South St

Sofi at Morristown Station
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
13 Grant St, Unit 1

Modera 55

Total Monthly Price
Chancery Square

47 Ridgedale Ave

16 Washington St

South Street Apartment Homes

Alister Morristown

Modera 44
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Max on Morris

196 Mt Kemble Ave

61 Mt Kemble Ave
Downtown Morristown, Morristown, NJ Local Guide

How much does it cost to rent an apartment in Downtown Morristown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Morristown Studio Apartments | $2,141 | $1,905 | $2,625 |
| Downtown Morristown 1 Bedroom Apartments | $2,697 | $1,950 | $4,145 |
| Downtown Morristown 2 Bedroom Apartments | $3,781 | $2,450 | $6,495 |
| Downtown Morristown 3 Bedroom Apartments | $3,819 | $3,125 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Downtown Morristown Neighborhood of Morristown, NJ.
See all Apartments in MorristownExplore Morristown
Downtown Morristown, Morristown, NJ Local Guide
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Cheapest Available Downtown Morristown Apartments for Rent
 The cheapest available apartment rental in the Downtown Morristown area of Morristown, NJ is a 1 Bed unit found at Beverly Gardens priced from $2,250. Washington Park Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,305. Here are the most affordable Downtown Morristown apartments for rent in Morristown, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beverly Gardens | Deluxe 1 Bed 1 Bath | 1BR,1BA | $2,250 |
| Washington Park Terrace | 1 Bedroom | 1BR,1BA | $2,305 |
| Franklin Manor Apartments | 1BR/1BA | 1BR,1BA | $2,375 |
| Morris Crossing Townhouses | 1 Bedroom Deluxe First Floor | 1BR,1BA | $2,450 |
| The Monroe Morristown | 1BR/1.0BA | 1BR,1BA | $2,550 |
| Modera 44 | S2L Studio with Loft | Studio,1BA | $2,636 |
| Modera 55 | A03L | 1BR,1BA | $2,775 |
| Sofi at Morristown Station | A4 | 1BR,1BA | $2,823 |
| Chancery Square | A2 | 1BR,1BA | $2,868 |
Best Value Apartments for Rent in Downtown Morristown, NJ
As of August 26, 2026 the best value apartment in the Downtown Morristown area is the $2.21 price per square foot Three Bed Model at Carriage House Townhomes in the in the Downtown Morristown neighborhood starting from $3,885. The second greatest value Downtown Morristown apartment is the E2 Model at 30 Court Street Apartments starting at $5,100 with a $3.68 price per square foot in the Downtown Morristown neighborhood. Here is today’s list of the best values for Downtown Morristown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carriage House Townhomes | Three Bed | 3BR,2.5BA | $2.21 |
| 30 Court Street Apartments | E2 | 2BR,2BA | $3.68 |
| 13 Grant St, Unit 1 | 13 Grant St | 1BR,2BA | $2.20 |
| Heritage House | 2 BED, 2 BATH-12 | 2BR,2BA | $2.83 |
| Eleven Dehart | ml-213 | 2BR,2BA | $3.47 |
| LAFAYETTE COURT L.L.C. | LAFAYETTE II | 2BR,2BA | $3.36 |
| Beverly Gardens | Deluxe 2 Bed 1 Bath | 2BR,1BA | $3.83 |
| Modera 44 | S2L Studio with Loft | Studio ,1BA | $3.77 |
| Franklin Manor Apartments | 1BR/1BA | 1BR,1BA | $3.49 |
| Washington Park Terrace | 1 Bedroom | 1BR,1BA | $3.65 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Morristown, Morristown, NJ
Ranked #1
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Morristown Apartments
How much is rent for a Cheap One Bedroom Downtown Morristown Apartment?
The lowest price for a Cheap One Bedroom Downtown Morristown Apartment is $2,250 at Beverly Gardens.
What is the lowest price for a Cheap Two Bedroom Downtown Morristown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Morristown is starting from $2,864 at Modera 44.
What is the most affordable Downtown Morristown Three Bedroom Apartment?
The best deal on a cheap Downtown Morristown Three Bedroom Apartment rental is at Morris Crossing Townhouses and starts from $3,700.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.